Scenario 4: Different Rates for Different Jobs In cases where an employee is paid different rates for different jobs during the same workweek, the employers can, at their option, calculate the overtime in one of three ways: Higher Rate for Overtime Hours, Based on Actual Hours Worked, or Rate after the 40th Hour. Using the hours and rates for Eli Employee, Example's son, his gross wages are computed below using the three different methods. Eli makes $14.75 per hour for Job A and $19.05 per hour for Job B and of the 44 hours worked during the week, he completed 20 hours for Job A, switched and completed 14 hours for Job B and finished up the week with 10 hours back on Job A. (1) Higher Rate for Overtime Hours Under this method, the higher or highest rate paid is used to determine the overtime rate (highest rate times .5). This rate is then multiplied by the overtime hours, resulting in the overtime wages. Hours Formula Amount Hours Worked, Job A: 30.0 30.0 hours x $14.75 $442.50 Hours Worked, Job B: 14.0 14.0 hours x $19.05 266.70 Overtime hourly rate ($19.059 x 0.5) = $9.53, rounded Overtime Hours: 4.0 $9.53 x 4.0 hours 38.12 Gross Earnings $747.32 a = the higher of the two (2) Based on Actual Hours Worked (2) Based on Actual Hours Worked Under this method, the overtime rate is computed (total earnings divided by total hours worked multiplied by .5). This rate is then multiplied by the overtime hours, resulting in the overtime wages. Hours Formula Amount Hours Worked, Job A: 30.0 30.0 hours x $14.75 $442.50 Hours Worked, Job B: 14.0 266.70 Overtime hourly rate $709.200 - 44.0 hours = $16.12, rounded $16.12 x 0.5 = $8.06, rounded Overtime Hours: 4.0 $8.06 x 4.0 hours 32.24 Gross Earnings $741.44 a = combine wages for both Job A and Job B (3) Rate after the 40th Hour Under this method, the overtime time rate for the job performed during overtime hours is used (overtime hour rate multiplied by .5). This rate is then multiplied by the overtime hours, resulting in the overtime wages. Hours Formula Amount Hours Worked, Job A: 30.0 30.0 hours x $14.75 $442.50 Hours Worked, Job B: 14.0 14.0 hours x $19.05 266.70 Hours Formula Amount Hours Worked, Job A: 30.0 30.0 hours x $14.75 $442.50 Hours Worked, Job B: 14.0 14.0 hours x $19.05 266.70 Overtime hourly rate ($14.750 x .5, rounded) x 4.0 hours 29.52 Gross Earnings $738.72 a = the rate ($14.75, Job A) after the 40th hour Tackle It Note: Round interim calculations to two decimal places. Use rounded amounts in subsequent computations. And, round your final answers to two decimal places. Compute Alex Rodriguez's earnings using the three methods described above. Assume the rate for Job A is $17.05 per hour and $18.45 per hour for Job B. Of the 43 hours worked during the week, 25 hours were completed for Job A and 18 hours complete for Job B. Higher Rate for Overtime Hours Regular Hours, Job A Hourly Rate, Job A Regular Total Pay, Job A $ Regular Hours, Job B Hourly Rate, Job B Regular Total Pay, Job B Overtime Hours Hourly Rate, Overtime Overtime Total Pay Total Gross Earnings $ Based on Actual Hours Worked Regular Hours, Job A Hourly Rate, Job A Regular Total Pay, Job A $ Overtime Hours Hourly Rate, Overtime Overtime Total Pay Total Gross Earnings $ Based on Actual Hours Worked Regular Hours, Job A Hourly Rate, Job A Regular Total Pay, Job A $ Regular Hours, Job B Hourly Rate, Job B Regular Total Pay, Job B Overtime Hours Hourly Rate, Overtime Overtime Total Pay Total Gross Earnings $ Rate after 40th Hour In this scenario, Alex worked a total of 48 hours, the regular hours evenly spread between Job A (at a rate of $15.85/hour) and Job B (at a rate of $18.45/hour). The overtime pe attributed to Job B. Regular Hours, Job A Hourly Rate, Job A. Regular Total Pay, Job A $ Regular Hours, Job B Hourly Rate, Job B Regular Total Pay, Job B Overtime Hours Hourly Rate, Overtime Overtime Total Pay Total Gros Rate after the 40th Hour Based on Actual Hours Worked Y Medal Points Higher Rate for Overtime Hours of the three methods described above, one requires that the employee agree to the method in advance. It is the method. Scenario 4: Different Rates for Different Jobs In cases where an employee is paid different rates for different jobs during the same workweek, the employers can, at their option, calculate the overtime in one of three ways: Higher Rate for Overtime Hours, Based on Actual Hours Worked, or Rate after the 40th Hour. Using the hours and rates for Eli Employee, Example's son, his gross wages are computed below using the three different methods. Eli makes $14.75 per hour for Job A and $19.05 per hour for Job B and of the 44 hours worked during the week, he completed 20 hours for Job A, switched and completed 14 hours for Job B and finished up the week with 10 hours back on Job A. (1) Higher Rate for Overtime Hours Under this method, the higher or highest rate paid is used to determine the overtime rate (highest rate times .5). This rate is then multiplied by the overtime hours, resulting in the overtime wages. Hours Formula Amount Hours Worked, Job A: 30.0 30.0 hours x $14.75 $442.50 Hours Worked, Job B: 14.0 14.0 hours x $19.05 266.70 Overtime hourly rate ($19.059 x 0.5) = $9.53, rounded Overtime Hours: 4.0 $9.53 x 4.0 hours 38.12 Gross Earnings $747.32 a = the higher of the two (2) Based on Actual Hours Worked (2) Based on Actual Hours Worked Under this method, the overtime rate is computed (total earnings divided by total hours worked multiplied by .5). This rate is then multiplied by the overtime hours, resulting in the overtime wages. Hours Formula Amount Hours Worked, Job A: 30.0 30.0 hours x $14.75 $442.50 Hours Worked, Job B: 14.0 266.70 Overtime hourly rate $709.200 - 44.0 hours = $16.12, rounded $16.12 x 0.5 = $8.06, rounded Overtime Hours: 4.0 $8.06 x 4.0 hours 32.24 Gross Earnings $741.44 a = combine wages for both Job A and Job B (3) Rate after the 40th Hour Under this method, the overtime time rate for the job performed during overtime hours is used (overtime hour rate multiplied by .5). This rate is then multiplied by the overtime hours, resulting in the overtime wages. Hours Formula Amount Hours Worked, Job A: 30.0 30.0 hours x $14.75 $442.50 Hours Worked, Job B: 14.0 14.0 hours x $19.05 266.70 Hours Formula Amount Hours Worked, Job A: 30.0 30.0 hours x $14.75 $442.50 Hours Worked, Job B: 14.0 14.0 hours x $19.05 266.70 Overtime hourly rate ($14.750 x .5, rounded) x 4.0 hours 29.52 Gross Earnings $738.72 a = the rate ($14.75, Job A) after the 40th hour Tackle It Note: Round interim calculations to two decimal places. Use rounded amounts in subsequent computations. And, round your final answers to two decimal places. Compute Alex Rodriguez's earnings using the three methods described above. Assume the rate for Job A is $17.05 per hour and $18.45 per hour for Job B. Of the 43 hours worked during the week, 25 hours were completed for Job A and 18 hours complete for Job B. Higher Rate for Overtime Hours Regular Hours, Job A Hourly Rate, Job A Regular Total Pay, Job A $ Regular Hours, Job B Hourly Rate, Job B Regular Total Pay, Job B Overtime Hours Hourly Rate, Overtime Overtime Total Pay Total Gross Earnings $ Based on Actual Hours Worked Regular Hours, Job A Hourly Rate, Job A Regular Total Pay, Job A $ Overtime Hours Hourly Rate, Overtime Overtime Total Pay Total Gross Earnings $ Based on Actual Hours Worked Regular Hours, Job A Hourly Rate, Job A Regular Total Pay, Job A $ Regular Hours, Job B Hourly Rate, Job B Regular Total Pay, Job B Overtime Hours Hourly Rate, Overtime Overtime Total Pay Total Gross Earnings $ Rate after 40th Hour In this scenario, Alex worked a total of 48 hours, the regular hours evenly spread between Job A (at a rate of $15.85/hour) and Job B (at a rate of $18.45/hour). The overtime pe attributed to Job B. Regular Hours, Job A Hourly Rate, Job A. Regular Total Pay, Job A $ Regular Hours, Job B Hourly Rate, Job B Regular Total Pay, Job B Overtime Hours Hourly Rate, Overtime Overtime Total Pay Total Gros Rate after the 40th Hour Based on Actual Hours Worked Y Medal Points Higher Rate for Overtime Hours of the three methods described above, one requires that the employee agree to the method in advance. It is the method